InvestorsHub Logo
Followers 23
Posts 1036
Boards Moderated 0
Alias Born 09/17/2015

Re: None

Thursday, 04/07/2022 11:39:27 PM

Thursday, April 07, 2022 11:39:27 PM

Post# of 96902
The arbitration award and the ASA...possibly the reason why we are not being paid. Wonder how soon this could be resolved??

On a meet and confer that occurred after the filing of the Motion,
Chanbond agreed and Ms. Leane’s counsel provided, Plaintiff with a copy of the Arbitration
Award. (See Ex. 1.) The temporary injunctive relief to which Chanbond voluntarily stipulated
moots the need for expedited discovery concerning the Settlement Funds, as Chanbond has agreed
not to distribute the Settlement Funds to Ms. Leane or IPNAV pending the resolution of this
Motion by the Court. There is no reason, and Plaintiff has not explained, why Chanbond should
be burdened with expedited discovery while responding to the Motion on an expedited basis. The
Court should deny this request and require Plaintiff to obtain discovery, if any is necessary after

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.